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EaglesEye379 said:
This is just a bad bad case of translation.

Here is the REAL translation:
http://www.destructoid.com/e3-08-square-enix-press-conference-on-final-fantasy-xiii-95190.phtml

1:04- Shane from 1UP asks about Japan and the Xbox 360 version. He says that he hears that it is not coming to Japan. Hashimoto confirms that is is not coming out in Japan for the Xbox 360. As for Infinite Undiscovery, it is a 360 exclusive. Last Remnant will also be at first, but will probably be a PS3 title later.

Thanks for the right translation. I couldn´t really believe that M$ wasn´t involved with IU, since this started with their initiative.